Sunday, October 19, 2025
24.4 C
Lagos

Business

Troyka Holdings Chair, Biodun Shobanjo, Inducted into Loeries Hall of Fame

Nigeria’s foremost advertising leader and Chairman of Troyka Holdings,...

Zenith Bank, NEM, Seplat, AIICO, Dangote Cement, First HoldCo Recognised as Nigeria’s High-Performing Companies

L-R:    Michael Ani, Manager, Investor Relations, Dangote Cement; Oluseyi...

Finance Min, Wale Edun, to Keynote FiBOP Annual Confab Oct 18

The Honourable Minister of Finance and Coordinating Minister of...

Niteon Unveils First African Manufacturers Bank to Unlock $200bn Digital Export Market

Niteon, one of Nigeria's largest digital export marketplaces, has...

FG Boosts MSME Financing with NCGC Initiative

In a bid to boost economic growth and development,...

ICT

Konga Partners Verve to Delight Customers with Free Shopping Vouchers

  Konga, Nigeria’s leading composite e-commerce platform has partnered with...

NCC Spotlights Renewable Energy on World Consumer Rights Day

  The Nigerian Communications Commission (NCC) has concluded arrangements to...

Governors, NCC Set for Broadband Awareness Forum Oct 20

All Nigeria State Governors are set to discuss how...

VerveLife 5.0 Gears Up for Nairobi, Lagos Events

Following a successful series of Verve Life 5.0 satellite...

Telecom Infrastructure Critical to Successful 2023 Elections – Danbatta

The Executive Vice Chairman of the Nigerian Communications Commission,...

Capital Market

SEC DG: Commission Considering Gradual Implementation of ISSB Standards

The Director General of the Securities and Exchange Commission...

ISSB-Aligned Disclosures Will Lower Capital Costs, Attract Global Investors — SEC

The Securities and Exchange Commission (SEC) has unveiled plans...

SEC DG to Cadets:  Invest Early, Long Term to Create Wealth

Graduating Cadets of the Nigerian Defence Academy (NDA) have...

SEC DG: Accountability, Transparency will Boost Investor Confidence in Capital Market

The Director General of the Securities and Exchange Commission...

SEC DG: Digital Assets Represent $10tn Opportunity by 2030

The Director General of the Securities and Exchange Commission...

Insurance

13-year-old Rhema-Love Abraham Emerges Winner of 2025 Heirs Insurance Essay Championship

L:R- Funmi Olotu, National Coordinator, National Social Safety-Nets Coordinating...

Leadway Assurance: Insurance Company of the Year at 2025 BAFI Awards

L-R: Managing Director, Leadway Assurance, Gboyega Lesi; Publisher, BuisnessDay...

Heirs Insurance Group Announces Inaugural Travel Festival: A Call for Inclusive Travel Ecosystem for Africans

Heirs Insurance Group (HIG), Nigeria’s fastest-growing insurance group, has...

Sovereign Trust Insurance Celebrates 2025 Customer Service Week

Sovereign Trust Insurance Plc has been actively involved in...

Leadway: 55 Years of Innovation, Expanding Financial Access, Inclusion Across West Africa

Leadway, one of Nigeria’s foremost non-banking financial services and...

Business

Troyka Holdings Chair, Biodun Shobanjo, Inducted into Loeries Hall of Fame

Nigeria’s foremost advertising leader and Chairman of Troyka Holdings,...

Zenith Bank, NEM, Seplat, AIICO, Dangote Cement, First HoldCo Recognised as Nigeria’s High-Performing Companies

L-R:    Michael Ani, Manager, Investor Relations, Dangote Cement; Oluseyi...

Finance Min, Wale Edun, to Keynote FiBOP Annual Confab Oct 18

The Honourable Minister of Finance and Coordinating Minister of...

Niteon Unveils First African Manufacturers Bank to Unlock $200bn Digital Export Market

Niteon, one of Nigeria's largest digital export marketplaces, has...

FG Boosts MSME Financing with NCGC Initiative

In a bid to boost economic growth and development,...

ICT

Konga Partners Verve to Delight Customers with Free Shopping Vouchers

  Konga, Nigeria’s leading composite e-commerce platform has partnered with...

NCC Spotlights Renewable Energy on World Consumer Rights Day

  The Nigerian Communications Commission (NCC) has concluded arrangements to...

Governors, NCC Set for Broadband Awareness Forum Oct 20

All Nigeria State Governors are set to discuss how...

VerveLife 5.0 Gears Up for Nairobi, Lagos Events

Following a successful series of Verve Life 5.0 satellite...

Telecom Infrastructure Critical to Successful 2023 Elections – Danbatta

The Executive Vice Chairman of the Nigerian Communications Commission,...

Capital Market

SEC DG: Commission Considering Gradual Implementation of ISSB Standards

The Director General of the Securities and Exchange Commission...

ISSB-Aligned Disclosures Will Lower Capital Costs, Attract Global Investors — SEC

The Securities and Exchange Commission (SEC) has unveiled plans...

SEC DG to Cadets:  Invest Early, Long Term to Create Wealth

Graduating Cadets of the Nigerian Defence Academy (NDA) have...

SEC DG: Accountability, Transparency will Boost Investor Confidence in Capital Market

The Director General of the Securities and Exchange Commission...

SEC DG: Digital Assets Represent $10tn Opportunity by 2030

The Director General of the Securities and Exchange Commission...

Insurance

13-year-old Rhema-Love Abraham Emerges Winner of 2025 Heirs Insurance Essay Championship

L:R- Funmi Olotu, National Coordinator, National Social Safety-Nets Coordinating...

Leadway Assurance: Insurance Company of the Year at 2025 BAFI Awards

L-R: Managing Director, Leadway Assurance, Gboyega Lesi; Publisher, BuisnessDay...

Heirs Insurance Group Announces Inaugural Travel Festival: A Call for Inclusive Travel Ecosystem for Africans

Heirs Insurance Group (HIG), Nigeria’s fastest-growing insurance group, has...

Sovereign Trust Insurance Celebrates 2025 Customer Service Week

Sovereign Trust Insurance Plc has been actively involved in...

Leadway: 55 Years of Innovation, Expanding Financial Access, Inclusion Across West Africa

Leadway, one of Nigeria’s foremost non-banking financial services and...

SMEs Reap Rewards at RedStar SME 1000

Determined to rejuvenate and strengthen SMEs in the country while also bridging the logistics gap for SMEs, Red Star Express hosted small start-up owners at the SME 1000 workshop.

Tagged ‘Breaking Boundaries, the event was intended to serve as a ground-breaking medium for Red Star Express to bridge the logistics gap faced by SMEs, give them support by sharing insights, information and industry advice as it affects them in relation to the growth of their business. It was also intended to identify business opportunities for the company while helping SMEs expand the SMEs’ reach locally and internationally.

Held recently in Lagos, the workshop created an opportunity for entrepreneurs and owners of Small and Medium Enterprises (SMEs) to receive advice and logistics resources from Red Star Express, other industry leaders and concerned regulatory agencies, so as to assist in creating an excellent opportunity to interact and network. It also created an opportunity for these entrepreneurs to exhibit their products.


L-R: Adedapo Adelegan, President, Nigerian British Chamber of Commerce/speaker (left); Anna Einarsson, Chief Executive Officer, Tribute; Sola Obabori, Group Managing Director, Red Star Plc, and Paul Foh, Chief Executive Officer, Katalyst Consulting, during the Red Star 2017 SMEs 1000 Forum in Lagos.

According to the Group Managing Director/CEO, RedStar Express, Mr. Sola Obabori, “Red Star is committed to supporting the growth of SMEs in Nigeria which is the bedrock of the economy. We believe that a more connected world means more opportunities. This is why customers including SMEs count on our diverse portfolio of offerings to connect to more than 220 countries and territories, linking more than 90 percent of the world’s GDP.”

“Through our foreign partners, we can take you from here to any part of the world within 72 hours. That is the kind of strength we have brought to the table. So if you are a businessman in Nigeria, we can take it from here and deliver your goods to anyone who has made an order from any part of the world.”

Some of the speakers at the event encouraged these start-up owners and admonished them on the way to go in achieving success in their various businesses. The President, Nigerian British Chamber of Commerce, Mr. Adedapo Adelegan, reiterated the need for patience while waiting for business growth. “You must have the patience to wait for 10 years to grow.

A business is like letter ‘S’ because when your business is at its peak, you start developing another idea. The reason for the second curve is to ensure that your business stands the weight of time. The internet brought information technology.  I however urge you to use the internet to get customers.”

Similarly, the CEO Tribute, Anna Einarsson, advised the young entrepreneurs to map out a clear vision which will be a roadmap to business growth.

“Vision without a plan is just a dream, so you need to write down your goals, set clear goals, make good contacts, take care of your contacts, celebrate small wins, keep your team motivated and goal focused, always keep a positive mind, think deep, take advantage of great social media tools, partner with good people build your tomorrow today and learn everything you can do.

The General Manager, SME Group, Fidelity Bank, Mr. Kenneth Opara, pointed out that SMEs are seen as agents of growth that drive the economy. He however counseled the entrepreneurs.

“Focus on critical sectors, recognise investment opportunities, build an internal strategy to survive, build your capacity as a business, build a process where investors can be interested in what you are doing, build a business model that supports your business opportunity and continue to innovate.”

Red Star Express has been a major e-commerce delivery backbone for a large number of SMEs, by ensuring hassle free order fulfillment.

The SMEs will be availed the opportunity of choosing from a bouquet of services depending on their business needs and requirements ranging from deliveries within 3 to 6 hours in Lagos, door-to-door deliveries nationwide, Cash-On-Delivery, Prepaid Delivery, Drop off & Pickup Centres, Freight, Warehousing, Inventory Management, Outsourcing, among others.

Hot this week

13-year-old Rhema-Love Abraham Emerges Winner of 2025 Heirs Insurance Essay Championship

L:R- Funmi Olotu, National Coordinator, National Social Safety-Nets Coordinating...

Stanbic IBTC Bank, LOXEA BYD forge alliance for Electric Vehicle Financing

In a strategic move to advance Nigeria’s shift toward...

CBN, Bank of Angola Sign MoU on Technical Co-operation at IMF/World Bank Meeting

In an effort to enhance bilateral cooperation and technical...

NBS: Nigeria’s Inflation Falls to 18.02% in September, Lowest Level in Three Years

Nigeria’s headline inflation rate fell for the sixth consecutive...

NUPEMCO Marks 2025 CSW with Nationwide Pension Awareness Activities, Huawei-Supported National Essay competition

The Nigerian University Pension Management Company (NUPEMCO) celebrated the...

Topics

Fidelity Bank Equips Entrepreneurs for Global Trade Success with EMP 18

L-R: Prof Frank Ojadi, Director, Export Management Program, Lagos...

Ecobank Research: Gas, FinTech to Drive African Economies

The 2017 version of Ecobank Research’s Fixed Income, Currency...

RedStar Express Reports N10bn Turnover

Red Star Express Plc has consistently posted profit in...

Oil Prices Driving Lower Growth in Sub-Saharan Africa

Latest report by the World Bank Group suggests that low oil prices have considerably reduced growth in commodity-exporting countries in Sub-Saharan Africa, especially in Nigeria and Angola etc. and have also slowed activity in non-oil sectors. The report says that although South Africa is expected to be one of the main beneficiaries of low oil prices, growth is being held back by energy shortages, weak investor confidence amid policy uncertainty, and by the anticipated gradual tightening of monetary and fiscal policy. Growth in the region is forecast to slow to 4.2 percent, slower than previously expected.

Ericsson’s CEO Resigns with Immediate Effect

Ericsson's CEO, Hans Vestberg has resigned from the company...

Interswitch: Leveraging Novel Solutions Will Drive Growth

As the adoption of digital payment continue to rise...

Stanbic IBTC Holdings: Fintech Subsidiary Begins Operation

Stanbic IBTC Holdings Plc, a leading provider of financial...

The Estate Surveyors & Valuers Conference 2021

L-R: Mr. Vitus Anaesoronye, MD, Ama & Co Estate...
Exit mobile version